Skip to main content

Ghana Customs urge importers to strengthen compliance for trade benefits

 


Rubben Kwaku Satu, Senior Revenue Officer with the Customs Division of the Ghana Revenue Authority (GRA), has called on importers to strictly comply with import regulations to fully benefit from trade facilitation measures.

Speaking at a UK-Ghana Chamber of Commerce (UKGCC) and PwC Ghana webinar on “Navigating Ghana's Import Taxes: Strategies for Compliance for Businesses”, Satu highlighted that compliance not only safeguards businesses against penalties but also positions them for long-term growth.

He explained that businesses that comply enjoy benefits such as enhanced reputation and credibility, lower operational costs across the trade value chain, favourable risk profiling, and access to a clear path toward attaining Authorised Economic Operator (AEO) status.

When you don’t comply, fines/penalties will be imposed,” he warned. “Fines, confiscation of goods, legal action, and persistent post-clearance audits will be imposed on you”, which can cripple businesses.

Compliance Strategies

Non-compliance with import regulation occurs throughout the entire import process. Thus, Satu urged importers to pay attention to details at the Import Declaration Form (IDF) acquisition stage; ensure that the sales contract, sole distributorship agreement, and invoice are clearly captured to help convince Customs in case of disputes; and acquire all Certificates of Origin declarations and Export documents to benefit from any preferential rates, among others.

For Satu, however, the acquisition of the Import Declaration Form is extremely important for the importer.

Businesses must not leave it to chance,” he cautioned. Due diligence must be done to ensure that every detail—cost, product, description, and more—is accurately captured to avoid delays and disputes.”

He, therefore, advised importers to ensure contracts, distributorship agreements, and invoices are clearly documented; obtain Certificates of Origin and all export documents to qualify for preferential rates; and use the same IDF from the start of a transaction through to clearance to avoid suspicions of transferring funds without goods.

According to him, “When the IDF is not completed properly, businesses may face challenges throughout the transaction process, from remitting funds to clearing goods.”

Compliance facilities

Traders and businesses wishing to comply with import regulations, to avoid the effects of non-compliance, can take advantage of several processes, procedures, and facilities.

These include using the Integrated Customs Management System (ICUMS) to clear goods in Ghana. The ICUMS also serves as a single windows platform for all clearance processes, integrates most stakeholders, and reduces human intervention and minimise corruption.

Other tools that facilitate import compliance include the Ghana.gov platform that enables importers to fulfil their tax obligations conveniently.

Satu revealed that Customs is in the process of deploying Advance Cargo Information and Artificial Intelligence to strengthen efficiency and compliance monitoring.

He further encouraged businesses to keep all documentation—such as permits, receipts, and declarations—for at least six years to ease post-clearance audits.

For import-related queries, he urged importers to reach out via the Customs Headquarters, the Ghana Revenue Authority (GRA) Head Office, gra.gov.ghinfo@gra.gov.gh, or the GRA’s toll-free and WhatsApp channels.

The webinar, moderated by PwC’s Alexander Fiifi-Yankson, also explored the operations of Customs, major import taxes and levies, suspense regimes and exemptions, and more practical compliance strategies for businesses.

Comments

Popular posts from this blog

Fitch Solutions retains 2025 growth rate projection at 4.2%

 Fitch Solutions has reaffirmed its projection that Ghana’s economy will expand by 4.2% in 2025. This estimate slightly exceeds the International Monetary Fund’s forecast of 4% and the World Bank’s projection of 3.9%. The UK-based research firm attributes its outlook to historically high gold prices, which are expected to cushion the Ghanaian economy against a global slowdown triggered by rising tariffs. Higher gold prices are anticipated to strengthen government revenue, enhance foreign exchange earnings, and help sustain currency stability. The report also highlights that Ghana is relatively less vulnerable to increasing trade restrictions from the United States, given that its primary exports—gold and crude oil—are not directly affected by the tariffs introduced by President Trump’s administration. Moreover, the US constitutes only about 4% to 5% of Ghana’s total exports. In contrast, Ghana’s trade relations are more heavily oriented toward China and European countries, particul...

BoG injects $20m into FX market to support 11 BDCs

  The Bank of Ghana (BoG) has injected $20 million into the foreign exchange market in the latest round of its forward FX auction targeted at Bulk Oil Distribution Companies (BDCs). The intervention, which benefited eleven BDCs, is part of the central bank’s broader strategy to stabilise the cedi and ensure price stability in the petroleum downstream sector. Held on Tuesday, April 29, the auction was priced at a locked exchange rate of GHS 14.28 to the US dollar, with bid offers ranging from GHS 13.85 to GHS 15.55. This move reflects the BoG’s continued effort to deepen forex liquidity and safeguard the domestic fuel supply chain against volatility in global energy markets. By directly supplying FX to BDCs, the central bank seeks to ease pressure on the interbank market, guarantee the uninterrupted flow of petroleum products, and mitigate the pass-through effects of exchange rate fluctuations on fuel prices. The $20 million disbursement forms part of a $120 million programme for th...

Kenpong Travel & Tours Champions Breast Cancer Awareness During Customer Week

  As part of activities to mark Customer Week, Kenpong Travel & Tours, a leading travel agency in Ghana, is joining the global fight against breast cancer. October is Breast Cancer Awareness Month, and the company is passionate about spreading hope and support to those affected. At Kenpong Travel & Tours, we believe that travel and exploration can be therapeutic and empowering. That's why we're committed to supporting our customers and the broader community in the fight against breast cancer. We're proud to stand in solidarity with breast cancer warriors and survivors. At Kenpong Travel & Tours, we believe that everyone deserves a chance to explore the world and create unforgettable memories. Let's prioritize health, support one another, and fight against breast cancer," said Kennedy Agyapong, CEO of Kenpong Travel & Tours. Our efforts are focused on raising awareness, promoting early detection, and supporting those affected by breast cancer. We urg...